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in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let's start with you. this is a fast-moving story. give us the latest perimeters of what appears -- i emphasize appears to be the start of a deal. >> well, it has been coming closer together, so we are told. the question is what will the president be saying, and senior advisors here as well as senators i've spoken to say they do not expect that he is making any nounment of a deal, so we'll wait for the white house to determine that for sure. what we've been hearing is that they have moved off the issue of taxes and have been more focused on the
president join. -- joe biden. even if he runs in 2016 for the presidency. >> named the head of the whole gun thing. >> i'm telling you -- this position. >> we'll have to wait. >> his political style is seen unfortunately for him as too aseckic for broad appeal. maybe you should talk to his wife about running for president. his wife is terrific. >> he may or may not run for president, john. but a lot of people love joe biden. he's an authentic voice and democrats in particular love him. maybe you got a problem -- >> we're talking about his wife as a candidate. >> jill? >> why not? >> because she's shown no political ambition. she teaches at a community college and she has a fine career. >> okay. best political theater of 2012. pat? >> i hate to say it but i think the democratic convention in charlotte. it was a real bell winger of a convention, very entertaining. >> eleanor? >> i second that and i loved clint eastwood interviewing the empty chair. that was classic. >> you really thought he had it all together. >> eleanor now? out of the chair. >> it was -- it was improvisation that you know,
conversations directly with vice president biden. mcconnell had been working with senate majority leader harry reid, but he and biden have gotten things done when working together in the past. can they do it now? let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before between these two men, and it's happened before when democrats on capitol hill are either split or have gotten, frankly, just too frustrated with the republican counterparts to have conversations to be able to find bipartisan agreement. these are the two men who negotiated an extension of the bush era tax cuts for two years. that happened two years ago when republicans had a lot of political capital because they just won the house in a big way. whether or not these two men are actually going to be the ones to strike a deal, we're not sure, but we are told, our ted barrett and jessica yellin and i are told by multiple sources that it does seem that at this point, at this late hour, the talks are primarily centered around and between
. >>> coming up next, you've heard how vice president joe biden is becoming a major part of these negotiations behind closed doors. we're going to take a closer look at that. plus, hillary clinton's health scare. dr. sanjay gupta tells us her prognosis and it depends where the blood clot is. that's coming up. >>> joe johns here in washington, d.c. where we are following the fiscal cliff negotiations. we just heard from the president of the united states here in washington, saying that a deal is within sight, but it is not done. he urged his supporters to keep the heat on congress until it's done. he focused among other things the fact that this deal would extend tax credits for families, extend the tuition tax credit and other things. also expressed concerns about cuts to social spending, which have not yet been worked out. so we're following all of that, and waiting to hear more about these outlines of a deal that have started to emerge. deb, back to you in atlanta. >> joe, also said that he would prefer to have done a grand bargain, but he's willing to take right now what he can get. late la
're not able to make the counteroffer. >> that's joe biden, i believe. the house will meet at 9:00 a.m. for legislative business. i heard one rally as i was leaving and that was bring in rg3. i'm ready to bring in one other rookie. if you need an adoptive team, i suggest the redskins. those two rookies, unbelievable. >> i didn't stay up to watch the whole game. >> i did, in fact. exiting the stadium, wow, there -- i think these fans started tailgating at, like, 8:00 in the morning and i think they were tailgating, as they say, all day long. >> joe, you're bringing tears to my eyes. >> talking about rg3. >> oh, yeah. >> it was great. it was great. >> and i guess that's what it is. i hear people talking about john wheaton and -- >> comfortable in that fancy box you were in? >> i was very comfortable in that fancy box i was in. i was comfortable. >> do you want me to show you how comfortable i was? >> what have you got? right here, baby. redskins pajama pants. i was watching the game in these. >> john, thank you for not wearing those in today. >> i thought about wearing them on the bott
tonight, joe biden, of course. if there were to be a deal, of course, biden has been deeply involved since yesterday. when mitch mcconnell reached out to him. that's where it stands rielgts now. chris, part of this, we talked a little bit about procedure. the senate can do just about anything it wants if every senator just agreed to do this lickety-split, that is a huge stretch. at that point, all bets are off. mitch mcconnell has got to get on the same page as john boehner on the house 06 representatives. mcconnell is not going to walk the political bank. so a lot of variables here. the plan, all along, was for the senate to pass this thing and therefore, sort of box in the house. john boehner could present it to his gop conference, his conservatives and say, look, this is the only deal we can get. however, as you report it, it's quite clear now that technically, at least, we're going to be going over that cliff. the house, while they say they could call themselves back into session at any moment for all intense and purposes, they're gone until noon tomorrow. house leaders, their aides sa
president biden is now playing a direct role in the negotiations. there's divide on taxes. the white house wants to raise tax rates on people making will go up. >> if we're not able to reach an agreement, it will be dire. >> reporter: if there's though deal today, the average american family will start the year with a $3400 tax hike. paula and john? >> tahman bradley reporting live from washington this morning. happy new year to you. >> same to you. >>> the president called the shooting at newtown was the worst day of his presidency. >>> a bus crash has killed nine people and injured others. the tour bus lost control on interstate 84 yesterday morning. it happens in a treacherous section of the blue mountains called dead man pass as the bus was heading back to vancouver from las vegas. the drive survived but was too badly injured to speak with police. >>> nasty weather being said to have caused dozens of accidents across the country. >> here's jim dickey. >>> these early morning temperatures this morning. 5 in burlington, 9 in portland. 18 in boston. now, we switch gears the north central
president biden is now playing a direct role in the talks. the two parties remain at odds over the automatic, across the board cuts to government programs. there's divide on taxes. the white house wants to raise tax rates on people making more than $250,000 a year and republicans want to keep the estate tax from going up. >> if we're not able to reach an agreement, it will be dire. >> reporter: if there's no deal today, the average american family will start the year with a $3400 tax hike. paula and john? >> tahman bradley reporting live from washington this morning. thanks, tahman. happy new year to you. >> reporter: same to you. >>> the president called the shooting at newtown was the worst day of his presidency. and pledged to put his full weight behind legislation aimed at preventing gun violence. he said he was skeptical of the nra's proposal to put armed guards in every school. >>> a bus crash on an oregon highway has killed nine people and injured others. the tour bus lost control on interstate 84 yesterday morning. it happens in a treacherous section of the blue mountains called dead
president biden and mitch mcconnell. there's some concern among democrats who have heard that the income threshold for tax rate increases may be going up to 400, 450, $500,000. a source familiar with the talks just phoned me to say the democrats are only considering that under a couple of conditions. one is that if the threshold goes up to that level, the top income tax rate would go all the way back up to the clinton era rate of 39.6%. not some mid point of 37% talked about a couple of weeks ago. secondly, that it would be accompanied by more revenue from the estate tax than is happening under current policy. remember, current policy is 35% tax on estates of $35 million or more. democrats are going to be insisting on somewhat more revenue than that, if not all the way up to the level in president obama's budget. finally, that an agreement would include a significant extension of unemployment benefits. remember, there are 2 million people who would lose about $300 a week if this fiscal cliff passes and there's no deal whatsoever. guys, back to you in d.c. >> all right. john harward, than
might describe this as desperation. the white house says vice- president joe biden is planning a direct role in the talks. these critical talks will resume today here on capitol hill while millions of americans prepare to ring in the new year tonight. there is a countdown of a different kind looming, a deadline that is set to trigger a broad tax increases and drastic cuts in domestic and military spending if nothing else, the president is try to broker a deal that would at least reserve tax rates on families with income under $250,000 and extend expiring unemployment benefits. republicans are adamant about keeping the state tax from going up. an offer was made on the gop side but a counter proposal was never presented. false hope, some say. it is truly the 11th hour. if there is not a deal today we're not only talking about tax increases next year, but about millions of americans who would not be able to file their taxes until late march. you guessed it, that would trigger -- refunds would be delayed, so that could be a problem for about 100 million americans. >> a lot of crossed finger
, it is up to this man. on the right. vice president joe biden called in to help with the debt negotiations that we think are going nowhere. there are always rumors and whispers in the hallway. let's go to rich for the very latest on the progress. rich: there is progress, ashley. they are working on a tentative agreement right now. they can always get choked up on the finer points. this is what they are working with right now. it basically extends all tax cuts for people under $400,000 a year. it permanently patches -- it make sure doctors treating medicare patients do not get a pay cut. a one-year extension of unemployment benefits. on top of all of this, there are some discussions on how to deal with the sequester. they amount to about $8 trillion over the next decade. $94 billion total in 2013. the u.s. and congress and the white house, according to our source, is weighing a 60-90 day delay in those automatic spending cuts. that is how they would deal with that. one omission in all of this, and this is very important, they are not discussing an extension of the debt ceiling. they want to
villain such as mussolini, stalin and hitler. i don't think joe biden could laugh at them into. and while we have some sidebar sections, one my favorite is a comparison and contrast between the world's three leading architects of the day, frank lloyd wright and tony gaudi, and walter, who it into my nature, god and man, in that order. or robert perry during race for the north pole. the bulk of this book is dedicated to those political forces that reshaped this entry. as one who gravitates towards the great man theory in most of my history, i was almost at a loss for words last week at a book signing event when a questioner asked me who's the most important person in your book? dawned on me, this really isn't a book about most important people. it's a book about great ideas, and terrible ideas, ideas that in the course of the century were tested in the most climactic of ways, war. but the most important of the ideas that we discuss is something many writers and intellectuals provided lipservice to, american exceptionalism, but which no one has really defined. we are kind of surprise as we
't have a deal yet where we are looking at the contours of an agreement between vice president biden and senate minority leader mitch mcconnell is increase to 39.6 for income somewhere between 400 and $500,000 and probably 450,000. the estate tax would go up slightly from the level of 35% and current law scheduled to go up to 35 and would probably go up slightly to 40%. you are looking at one year extension of unemployment benefits pen you a honk do they defer across the board automatic budget cuts called sequester. as amman referred to, dekrats want at least one year for that to be turned off. initially asking for two years. republicans say, no, we will come up with cuts to offset that for 60 to 90 days. that's where things are going. the problem is you can't consider any one part of the agreement done until they are all done because there's an inner play on cap gains and dividends by the way, looking at going from 15% on both which is current policy to 20% on both. not the higher rate called for undercurrent law of 39.6% for dividends. 20% for both. this is something that both side
mcconnell was working with vice-president biden on the spending side. and so there may be some person that has to go on the senate democrats to get the bill passed gerri: arm-twisting everywhere. let's talk about this potential deal as it has been outlined to us. we would have tax hikes on folks with incomes above 400,000 if your single, above water and 50,000 if you're a couple. permanent patch to anc, the alternative minimum tax. estate tax also. 40 percent for states with 5 million more. going way below that level. jobless benefits extended for a year. can you live with the deal like that? >> if that is all it is in there is no spending cuts than it is not the balanced approach to the president has promised the american people, and so it will be difficult for me to vote for. there are some good permanent things in the tax code related to all the rates below the 404 under 50,000 level. at&t fixes are good. but without any spending cuts on here, if it's just a revenue driven package so the president and spend more money will be a tough sell in the house of representatives. gerri: as
. >> let's get some reaction now with senate john barrasso. have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so many small businesses and farms and ranches and job creators. so the democrats are divided. we're going to meet at 4:30 to go over the specifics of the agreement to see if it's something that we will vote for. >> how are you on the republican side? are you divided on this tax issue they've agreed apparently to an income tax increase to 39.6% on individuals making $400,000 and $450,000 for couples. >> we're united in wanting to make sure any increase in tax revenue specifically goes to dealing with the debt and the deficit and is not used on a
as he and vice president biden are very close and i think they found they need each other i believe it was biden and this would not surprise any of you that was leaking to eric cantor that speaker boehner was pursuing separate talks with obama during the so-called -- in which eric cantor was a part. this may cantor livid and he walked out of those talks because of the dynamics going on with boehner. does this sound childish to you? >> the question i'm going to ask is that eric cantor walked past john boehner leaving out an open window -- window he would not hesitate to push him with a? >> for one 11 thing boehner is an even tempered so is boehner. unless the moment is absolutely right you tend not to be able to get ahead by declaring. >> the there is a -- between cancer and boehner. >> working more or less in the middle is the majority whip kevin mccarthy. mccarthy has, he has only been in for three terms and so in a lot of ways he is a freshman himself and he recruited a number of the freshman and became an away sort of the big brother to them. it was a very clever move on mccart
to an agreement in the final days of the year? we're going to ask vice president biden's former chief economist jared bernstein. first, though, the economy held hostage in the words of one ceo. >> my name is terry, owner, president and ceo of a salon in princeton, new jersey. i've owned the company for two years, it's been here for about 30-plus years. we're pretty scared of the fiscal cliff for many reasons. one of which is four of my employees, there's so much uncertainty for them. my other biggest fear is not being able to sustain the business and grow it, and offer employment opportunities for others, as well as for us, how we're going to plan for the future. we have three weeks for a decision. let's make that decision. stop taking sides, and come together, let's have a strong america that we all know and need again. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. ♪ [ male announcer ] this is karen and jeremiah. they don't know
to do with his economy and where to go with tax policy, he didn't ask biden, he asked bush and exte extended the bush tax cuts, exactly where we are today. all he wants to do is not extend them for anybody making over $250,000. if you make over 2$250,000, the first $250,000 would be taxed at the original rate. i want to talk economics. what this is to many republicans is spending cuts. not about the election. the election is over. it's about spending cuts, really what 2010 was about. i think that's where the negotiations go in the next couple of days. >> you think about the polling and how this polls and issues david was talking about and common ground and who gets blame going over the fiscal cliff, how do you see it? >> i think that's the wrong question to ask. we're not in a political season. we either need the country to function or we don't. >> we will be. in 12 months from now, we'll be right back it an again. whatever happens over the next three weeks will be part of some campaign 12 months from now. >> i would rather worry about principle than politics and the republican part
and joe biden, julia roberts and hillary clinton, madonna and colin powell. >> oh, lord, all those twosomes are unusual indeed. [sighs] and i am blanking on what thispc possibly could be. meredith, i'm question. meredith: no problem. question out of play. let's see the correct answer. julia roberts and hillary clinton. >> ok. meredith: now let's see what you jumped over. all the money's on the board. it could be any amount here. $1,000. not the worst-case scenario by any means. not bad. meredith: and by jumping over that money, you are one question closer to the million, now just 13 questions away."ancient tren "ancient trends" is the next category. finding 57 of them preserved on a 5,300-year-old mummy, scientists had to rethink the origins of what body decoration? tattoos, bracelets, piercings, necklaces. >> ha ha ha! tattoos. that makes sense if that's on a mummy. piercings would, too. my goodness. i'm not getting this one, either, meredith. i'm gonna have to jump this question. meredith: ok, we're gonna jump again. it's out of play. the right answer, please? the correct answer
in a sort of need each other as information sources and they believed it was biden who is leaking to eric cantor is speaker boehner was pursuing separate talks with obama during the so-called talks of which eric cantor was livid and ultimately what data this talks almost certainly because the dynamics going on with honor. that is the excuse he gave was that democrats will low. this is how childish you? >> guest: the question i'm going to ask is if eric cantor what passed john boehner, he wouldn't hesitate to push them, would you? >> guest: is it even-tempered sort. unless the moment is absolutely right, you tend not to get ahead of declaring a mutiny. >> host: said there senescence? >> interestingly, working more in the middle is the majority whip, kevin mccarthy. the carthy has been in for three terms and so in a lot of ways he's practically a freshman himself and recruited a number of the freshman, became an away the big brother to them, was a clever move on mccarthy's part because the freshman from a block 87 have been the straw that has stirred the drink of the 112th congress. to the
Search Results 0 to 19 of about 20